Author Question: As part of its IMF conditionality agreement, India was required to __________. A) subsidize its ... (Read 35 times)

Melani1276 · **on:** Sep 4, 2018

As part of its IMF conditionality agreement, India was required to __________.

A) subsidize its export sector
B) increase the amount of foreign currency reserves held in its central bank
C) reorient its economy to increase domestic consumption
D) sell off inefficient state-owned enterprises and reduce bureaucracy

Question 2

Newly industrializing countries (NICs) __________.

A) are periphery states that became core states
B) export heavy manufactured goods
C) have achieved self-sustaining capital accumulation
D) have raised income levels among a small elite